Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · ADITYA BIRLA REAL EST LTD · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
ADITYA BIRLA REAL EST LTD
NSE: ABREL · BSE: 500040
NSE: ABREL · BSE: 500040
Consumer Discretionary › Realty › Realty › Residential Commercial Projects
ADITYA BIRLA REAL EST LTD
StateQ1 FY27 filed
Last close · 29 Oct 2026₹1,041.00
Market cap₹11.8k cr
TTM P/E · P/B · EV/EBITDA— · 3.18 · —
ADITYA BIRLA REAL EST LTD is a Realty company listed on NSE. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 4,131 | 4,800 | 4,514 | 1,219 | 407 |
| EBITDA (ex other income) | 445 | 662 | 661 | (94) | (384) |
| margin % | 10.8 | 13.8 | 14.6 | (7.7) | (94.3) |
| Owners' profit | 167 | 272 | 51 | (161) | (103) |
| EPS, as reported (₹) | 14.91 | 24.34 | 4.57 | (14.24) | (9.33) |
| ROE % · ROCE % | 4.2 · 5.2 | 6.5 · 9.1 | 1.5 · 7.2 | (4.0) · (1.4) | (9.1) · (4.8) |
| Debt / equity (x) | 0.34 | 0.26 | 0.61 | 1.28 | 1.52 |
| Cash from operations | (51) | 271 | (315) | (1,293) | 747 |
| Capex | (128) | (121) | (181) | (286) | (212) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · ADITYA BIRLA REAL EST LTD · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,128 | 957 | 395 | 146 | 98 | 81 | 83 | 189 |
| Profit before tax | 26 | (48) | (163) | (51) | (88) | (139) | (186) | (82) |
| Net profit | 3 | (42) | (135) | (27) | (18) | (75) | (110) | (35) |
| EPS (₹) | 0.23 | (3.64) | (12.27) | (2.30) | (1.43) | (6.59) | 0.98 | (3.48) |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| ( a ) Real Estate | 132 | 3.8 |
| ( b ) Others | 31 | 0.9 |
| ( c ) Pulp and Paper (Refer Note 3) | 805 | 23.2 |
| ( c ) Pulp and Paper | 757 | 21.8 |
| Real Estate | 213 | 6.2 |
| Others | 28 | 0.8 |
| Pulp and Paper | 1,500 | 43.3 |
| Total, before eliminations | 3,467 | 100.0 |
Source: the filed segment block, four quarters summed.
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| DLF LIMITED | 1,64,917 | 37.1 | 3.63 | 49.7 | 9.7 | 6.0 | 8.6 | 37.1 |
| LODHA DEVELOPERS LIMITED | 1,01,079 | 24.5 | 4.31 | 20.2 | 14.6 | 15.7 | 25.1 | 40.5 |
| THE PHOENIX MILLS LTD | 67,952 | 53.1 | 4.75 | 26.3 | 10.9 | 9.9 | 32.7 | 63.4 |
| PRESTIGE ESTATE LTD | 59,932 | 52.6 | 3.58 | 17.4 | 7.8 | 6.8 | 11.8 | 38.1 |
| OBEROI REALTY LIMITED | 58,212 | 19.1 | 3.25 | 16.8 | 14.0 | 15.5 | 24.0 | 61.1 |
| GODREJ PROPERTIES LTD | 47,804 | 29.9 | 2.47 | 22.0 | 9.5 | 11.4 | 46.3 | 107.7 |
| BRIGADE ENTER. LTD | 17,613 | 20.5 | 2.34 | 13.7 | 9.6 | 6.8 | 23.9 | 41.9 |
| ANANT RAJ LIMITED | 16,622 | 28.0 | 2.86 | 22.6 | 9.6 | 10.2 | 58.7 | 32.1 |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 3.2 | 1.9 | 52 of 64 | 19% |
| ROCE | (5.6) | 6.4 | 64 of 66 | 3% |
| ROE | (9.1) | 8.0 | 64 of 64 | 0% |
| Debt / Equity | 1.5 | 0.4 | 58 of 64 | 10% |
| EBITDA margin | (20.4) | 29.6 | 61 of 66 | 8% |
| Revenue growth | 29.7 | 12.8 | 27 of 67 | 61% |
| Profit growth | (27.7) | 7.5 | 47 of 66 | 29% |
| Market cap | 11772 | 1781 | 11 of 67 | 85% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · ADITYA BIRLA REAL EST LTD · 29 October 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 27 Oct 2026 · September quarter profit jumps, mainly from discontinued business | compliance | minimal | — | — |
| 26 Oct 2026 · Q2 and H1 FY2026-27 earnings call recording now available | investor communications | low | — | — |
| 26 Oct 2026 · Q2 FY27 earnings: income and collections rise, bookings fall | investor communications | medium | — | — |
| 26 Oct 2026 · Jayati Bansal appointed Independent Director for a five-year term | management changes | medium | — | — |
| 26 Oct 2026 · Q2 profit surges on ITC pulp sale; standalone cash flow stays negative | results | medium | — | — |
| 26 Oct 2026 · Q2 FY27 profit jumps on Rs 868 crore pulp and paper sale gain | management changes | high | — | — |
| 24 Oct 2026 · Postal ballot and remote e-voting notice published | compliance | minimal | — | — |
| 23 Oct 2026 · Birla Estates announces ₹1,650 crore Hinjewadi homes and retail project | compliance | low | — | — |
| 22 Oct 2026 · Postal Ballot: ESOP Scheme 2026 and Rs 124 crore trust funding | board shareholder meetings | low | — | — |
| 21 Oct 2026 · Earnings call on Oct 26 to discuss Q2 and H1 FY27 results | board shareholder meetings | low | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in